US Military Confirms Death of Seventh American Soldier in Iran War

China Condemns US Starting 'Vicious Cycle' Of 'Chaos' In Attacking Iran Chinese Special Envoy to the Middle East Zhai Jun has said at a briefing after his ​shuttle-diplomacy trip that included recent stops in Saudi Arabia, the United Arab Emirates and Kuwait that the US-Israeli operation against Iran must immediately cease or else a "vicious cycle" toward destabilizing the region and disrupt global trade would persist. "Should hostilities continue to escalate and the situation deteriorate further, the entire region will be plunged into chaos. The use of force will only lead to a...

FOMC Minutes Signal Fed Saw "Dual Sided" Risks From Iran War Since the last FOMC meeting (March 18th), a lot has happened (war, more war, and now less war), and rate-change expectations hawkishly surged, then dovishly normalized today... And given the last 24 hours, perhaps this information is more useful now, as we return to macro-fundamentals from geopolitical chaos running markets. The minutes, released three weeks after the meeting, underscore the Fed's dilemma as it seeks to fill its congressional mandates of low inflation and maximum employment. Fed officials wrestled with starkly differing...

House Ethics Panel Finds Florida Democrat Congresswoman Committed 25 Violations Authored by Chase Smith via The Epoch Times, A bipartisan House Ethics Committee panel found on March 27 that Rep. Sheila Cherfilus-McCormick (D-Fla.) committed 25 ethics violations, a ruling that sets the stage for a sanctions hearing and a potential expulsion vote on the House floor. The adjudicatory subcommittee, composed of four Republicans and four Democrats, deliberated until well past midnight before releasing its findings Friday morning. The panel found 25 of 27 counts in the Statement of Alleged Violations proven by clear...